Italian Restaurant - Upscale Beach Area
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $580000
Net Profit / Cash Flow $141000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 6 - 9
Inventory 20000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks, 20 hours per week
Reason for Sale Retirement
Description Traditional italian cuisine, famous homemade recipes and an extensive wine list has kept this restaurant's loyal customers coming back for the past 25 years. They are located in a busy center on a high traffic volume major street with the surrounding area continuing to develop. Businesses in the area have been regular catering customers for years.
With the average employee working there for 17 years, they all know what they're doing and run the business. This is a great opportunity for someone to take over a well established business which still has great growth potential. For more information please contact Jeff Leyton at (310) 686-2338 with Listing ID LA3745. Asking Price: $299,000.
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